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Data and Code for: College Attainment, Income Inequality, and Economic Security: A Simulation Exercise

Version
V0
Resource Type
Dataset
Creator
  • Kearney, Melissa S. (University of Maryland)
  • Hershbein, Brad (Upjohn Institute)
  • Pardue, Luke (University of Maryland)
Publication Date
2020-09-14
Free Keywords
Education; Inequality; Wages; Employment
Description
  • Abstract

    We conduct an empirical simulation exercise that gauges the plausible impact of increased rates of college attainment on a variety of measures of income inequality and economic insecurity. Using two different methodological approaches—a distributional approach and a causal parameter approach—we find that increased rates of bachelor’s and associate degree attainment would meaningfully increase economic security for lower-income individuals, reduce poverty and near-poverty, and shrink gaps between the 90th and lower percentiles of the earnings distribution. However, increases in college attainment would not significantly reduce inequality at the very top of the distribution.
Temporal Coverage
  • 1979-01-01 / 2019-12-31
    Time Period: Mon Jan 01 00:00:00 EST 1979--Tue Dec 31 00:00:00 EST 2019
Geographic Coverage
  • United States
Availability
Download
This study is freely available to the general public via web download.
Relations
  • Has version
    DOI: 10.3886/E120347V1
Publications
  • Hershbein, Brad, Melissa S. Kearney, and Luke W. Pardue. “College Attainment, Income Inequality, and Economic Security: A Simulation Exercise.” AEA Papers and Proceedings 110 (May 2020): 352–55. https://doi.org/10.1257/pandp.20201062.
    • ID: 10.1257/pandp.20201062 (DOI)

Update Metadata: 2020-09-14 | Issue Number: 1 | Registration Date: 2020-09-14

Kearney, Melissa S.; Hershbein, Brad; Pardue, Luke (2020): Data and Code for: College Attainment, Income Inequality, and Economic Security: A Simulation Exercise. Version: V0. ICPSR - Interuniversity Consortium for Political and Social Research. Dataset. https://doi.org/10.3886/E120347